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ISP Life - Actuary

Date: May 26, 2022

Location: Dublin, IE

Company: Intesa Sanpaolo Group

Intesa Sanpaolo is the banking group leader in Italy. Assisting more than 14,6 milion of retail customers through a network of 5360 branches, it significantly supports the development of Companies and gives an important sustain to the country's growth. The Group has a selected retail banking presence in Central and Eastern Europe, the Middle East and North Africa, with approximately 1,000 branches and 7.2 million customers in 12 countries. Intesa Sanpaolo is also present in 25 countries in support of its corporate customers’ cross-border business. It is looking for new qualify profiles who want to face demanding and challenging career path with the following requirements:

Scope and Purpose

The candidate will join the Product Development & Actuarial structure, whose main tasks are:
•    the definition of the new products features and the activities connected with the launch of new products, along with the management and the monitoring of the book of business; and
•    the calculation and the reporting of the Company's reserves according to the IFRS accounting principles; and
•    the calculation of the CSM and Risk Adjustment under IFRS17 regulation
In particular, the candidate will collaborate with the actuaries in the Actuarial area, and he will be responsible for some of the following activities:
•    the activities connected with the implementation of the new products:
•    arrangement of technical specifications for the implementation of actuarial features on the policy information platform
•    related system testing
•    configuration of new products on the information platform
•    providing support to other departments in relation to product features
•    the management of technical-actuarial queries for Client Relations Office, Payments and Reconciliations Office and Portfolio
•    the calculation and the reporting of the Company's reserves according to the IFRS accounting principles
•    The calculation of the CSM and Risk Adjustment under IFRS17 regulation

Required Experience

•    at least 3 years' experience in a financial services - or life insurance - environment
•    at least 2 years in Actuary role

Competencies Required

•    Actuarial Sciences or equivalent Master Degree, (Mathematics, Physics, Financial Engineer)
•    English language knowledge
•    Knowledge of Actuarial projections models (RiskAgilityFM/MoSes, Prophet, MG-ALFA, ...)
•    Knowledge of database query tools
•    Knowledge of excel and VBA
•    Knowledge of computational software/programming for data extraction and manipulation

 

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